court applications filed in lm investment
Proceedings have been filed in Queensland Supreme Court in Australia in connection with one of the funds managed by LM Investment Management, the beleaguered fund management group which filed for voluntary administration in March.
mobius given his third new fund in a year
Franklin Templeton has unveiled an Asian Dividend Fund for Mark Mobius, its 74-year old star fund manager and executive chairman, marking the third launch for him in a year.
singapore advisers alone in faltering global
Financial advisers in Singapore were the only group of advisers in a recent survey to report a fall in confidence in the global economy during the first quarter of 2013.
ING completes sale of Thai investment business
ING has completed the sale of its Thai investment management business to UOB Asset Management, marking the company’s exit from another Asian country.
devere cayman office nears launch
The deVere Group plans to open its first office in the Cayman Islands within days, and will aim to staff it initially with around “four to six advisers”, according to chief executive Nigel Green.